Insurtech firm Trov raises £17.5m as it gears up to launch in the UK and Australia

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Technology giant Guidewire and Australian insurer Suncorp are among the parties involved in the latest fund-raising from US insurance disruptor Trov, as it gears up to launch its on-demand cover for single items in the UK with Axa.

Today Trov announced it has closed $25.5m in (£17.5m) Series C funding led by Oak HC/FT, bringing its total funding to $39m. Fintech venture capital firm, Anthemis Group is also involved.

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